66 h. ago Santander becomes first major bank to make huge change to mortgage rules

Santander has reduced the stress-test rates borrowers are checked against, which looks at whether they can afford to continue to pay their mortgage if interest rates rise

Economics

67 h. ago Santander becomes first major bank to loosen key mortgage rule over customer borrowing limits

Part of a mortgage application includes passing an affordability test - this change may make it easier to loan more money

Economics

1 week ago Martin Lewis slams 'negligent' energy companies as he issues backbilling warning

MoneySavingExpert founder Martin Lewis slammed energy firms taking advantage of ambiguity around an Ofgem rule preventing them from egregiously back billing customers

Events

1 week ago Santander announce mass redundancies and plans to shut 95 branches amid major shakeup

Santander has announced a huge overhaul of its network

Politics

1 week ago Santander to shut 95 bank branches and cut opening times in major shake

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Politics

2 w. ago Merz presses Greens to name their terms for German defence spending rise

‘What more do you want from us?’ asks chancellor-in-waiting as he seeks urgent support for fiscal rule changesGermany’s chancellor-in-waiting has tried to win over the Greens to his ambitious but controversial plans to raise the country’s defence spending, promising to expand the scope of the plans and demanding of them: “What more do you actually want from us?”The outgoing parliament met on Thursday to debate the creation of a €500bn (£420bn) fund for infrastructure investment and radical changes in Germany’s borrowing limits in order to boost defence spending. Continue reading...

Politics

2 w. ago Merz makes offer to Greens as he seeks to increase German defence spending

Chancellor-in-waiting attempting to garner support for fiscal rule changes before new parliament convenesGermany’s would-be chancellor has attempted to win the support of the Greens for his proposed fiscal rule changes, offering to expand the scope of defence spending and demanding to know: “What more do you want from us?” The outgoing parliament is meeting to debate the creation of a €500bn (£420bn) fund for infrastructure investment and radical changes in Germany’s borrowing limits in order to boost defence spending. Continue reading...

Politics

2 w. ago German parliament to debate radical borrowing rule changes to boost defence

Election winner Friedrich Merz also trying to seal €500bn fund to revive economy before new parliament convenesGermany’s outgoing parliament is meeting on Thursday to debate the creation of a €500bn (£420bn) fund for infrastructure investment and radical changes in the country’s borrowing limits in order to boost defence spending.Friedrich Merz, whose conservatives won last month’s election and who is on the verge of becoming the new chancellor, wants to seal the funding deal before the new parliament convenes in less than two weeks. An expanded group of far-right and far-left MPs could oppose it in the new Bundestag, a so-called “blocking minority” Merz is keen to avoid. Continue reading...

Politics

3 w. ago Santander bank goes down as users hit by major outage fume 'I've never been so let down'

Customers are bombarding the bank on social media after they have been left unable to make simple transactions

Events

3 w. ago Santander down: Banking app not working as customers unable to make transactions

Santander’s services have gone down in a major outage.

Economics

3 w. ago Santander the latest major bank to axe its handy text message alert service

Santander has told customers it will stop sending text message alerts notifying them of account changes from 12 May.

Events